Basic Atlantic, Varde Companions examine into PNB Housing Finance
MUMBAI : Mumbai: State-owned Punjab Nationwide Financial institution (PNB) on Friday mentioned it’s promoting a 13% stake in mortgage lender PNB Housing Finance Ltd to non-public fairness (PE) corporations Basic Atlantic and Varde Companions for ₹1,851 crore, or $268 million. Each buyers will pump in ₹925 crore every, at ₹850 per share, to amass 1.08 … Read more